Memes Are Breaking Records: SHIB Price Spikes 57%, PEPE on Path To Hit New ATH

Shiba Inu coin has witnessed mixed fortunes when it comes to price movement this year. However, with a 57% surge in price this month alone, the Shiba Inu coin is among the top performers in the meme coin market.

Meanwhile, Pepe crypto is fast recovering from the slump experienced some weeks ago. Its recent breakout is seen as a positive sign, with top analysts optimistic that Pepe will offer maximum returns soon.

Shiba Inu Price Expected to Increase in the Coming Weeks

Shiba Inu (SHIB) is on a positive price trajectory, a move that has excited holders. In the past year, Shiba Inu price has grown by 174% and 10% in the past few days, as per CoinMarketCap. This move tallies with recent market trends among popular memecoins.

P4 provider, a top analyst, believes the Shiba Inu coin is currently showing too much strength. Based on trading volume and TA prospects, the expert anticipates more rallies for Shiba till the meme coin reaches the $0.00002944 mark before a slight retracement. If Bitcoin continues to show strength, the expert thinks that Shiba Inu coins could hit $0.0003280.

However, Shiba Inu RSI 14 shows 79, which indicates Shiba is currently in overbought territory, which could mean a price reversal is close. However, the current market sentiment for Shiba Inu Crypto is bullish. If Shiba Inu continues to gain traction in the market, it can only get higher from this position.

Pepe Price Set to Skyrocket with 3x-5x Returns, Expert Says

Historically, Pepe (PEPE) has done well in the year, hitting an all-time high of $0.00001718 in May 2024. Although it slumped slightly at the beginning of November, it has continued to climb. Crypto Insider, an expert trader, thinks that Pepe Coin has broken out of the symmetrical triangle pattern in the weekly timeframe. As such, the analyst anticipates a 3x – 5x ROI soon. 

Meanwhile, Pepe crypto has seen huge traction as more traders continue to invest in it. Based on Lookonchain data, smart whales have continued to accumulate Pepe coins. As per CoinMarketCap stats, Pepe trading volume has surged by 172% to $4.85B in daily trading activity with the market cap hitting $5B.

Meanwhile, Pepe coin trades above the 50-day and 200-day SMA as per TradingView. Also, the price volatility is 8%, and the market sentiment surrounding Pepe Coin is bullish. If Pepe Coin could break the $0.00001317 and $0.00001401 resistance levels, it could hit $0.00002 in Q4. 

Lunex Network Ecosystem Offers Extraordinary Features 

Lunex Network (LNEX) is an Ethereum-based web3 DeFi exchange designed to connect multiple blockchains and facilitate instant buying, selling, and swapping of cryptos. It differs from most exchanges in that it doesn’t require a wallet connection like Meta Mask. Users can also trade over 50k crypto pairs with a unique portfolio tracker to track their assets.  

The ecosystem is powered by the $LNEX token. Holding the token gives users a discount on transaction fees. Also, token holders who stake it are entitled to the profit-sharing models designed to reward the community. At $0.0021, investors can buy it before it skyrockets. Given the over $2M raised in presale funding within a short time, the Lunex Network token could hit 50x in Q4, with selling 1.41B tokens.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.
Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

CaptainAltcoin
Logo